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Doosan Robotics had an impressive IPO with shares jumping more than 100%, making it South Korea’s biggest trading debut so far this year. Shares in South Korean collaborative robot (cobot) Doosan Robotics jumped significantly from their initial public offering (IPO) price upon their trading debut on Thursday. Doosan Robotics shares began
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Robotics developer Serve recently deepened its relationship with Uber Eats to deploy 2,000 bots for food deliveries across the US. Serve Robotics has expanded its partnership with Uber Eats, deploying as many as 2,000 delivery bots across the United States. Reports state that Serve Robotics’ autonomous sidewalk delivery robots would be on hand
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The sum of the deal has totaled $287 million in cash and shares: $262 million for Kindred Systems and $25 million for Haddington Dynamics. British online supermarket Ocado Group Plc announced it had acquired two U.S.-based robotics firms – Kindred Systems and Haddington Dynamics. According to Ocado, the initiative will help
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Ransomware gang REvil, known for launching stolen data auctions on the dark web, is now leaking sensitive documents stolen from a US-based robotics company.According to an official blog post from REvil on June 11, the team has started leaking confidential data belonging to Symbotic LLC. The post noted:“You do not
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Now, we all know SoftBank for its “unicorn status” investment decisions and so it shouldn’t come as a surprise to many that the investment giant has participated in a Series A round of funding for Accel Robotics which is a San Diego-based startup that has been involved in the cashierless
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